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Microsoft’s wild ride: Stock hits new record after a year of ups and downs
Microsoft’s stock has gained about $1.4 trillion in value since late June, lifting the company’s market value just above $4 trillion. The rebound accelerated after Microsoft reported 43% growth in Azure, its cloud platform.
AI Summary
Microsoft’s shares have added roughly $1.4 trillion in market value since late June, pushing the company’s total valuation just above $4 trillion. The surge followed a sharp rebound that was spurred by the latest earnings report, which highlighted a 43 percent increase in Azure revenue, the firm’s cloud computing platform. The combination of the massive market‑cap gain and the strong cloud growth underscores the stock’s recent momentum after a year of volatility.
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